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Top Glove Corp. Bhd ("TG") is a feather in the cap for Malaysia. It is also a component stock of the MSCI Global Standard Index, FTSE Bursa Malaysia KLCI Index, FBM Top 100 Index, FBM Emas Index, FBM Hijrah Syariah Index, FBM Emas Syariah Index, FTSE4Good Bursa Malaysia Index and the Dow
Jones Sustainability Index (DJSI) for Emerging Markets.
Explain what it means to be a component stock of the indices listed above. And, how does it benefit TG to be component stocks of these indices?
The machine was purchased 4 years ago for Rs.15 lacs and has been depreciated at 25% p.a. as per the WDV method. The machine has a remaining life of 5 years, after which its salvage value is expected to be Rs.0.80 lacs. Its present salvage value is R..
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